The strength of China‘s international trade has partly offset the weakness of domestic demand, according to the Asian Development Bank (ADB). Chinese merchandise exports in the first five months of this year increased by 13.3 percent and imports by 7.5 percent. In particular, exports to the United States,
The Organization for Economic Co-operation and Development (OECD) released a report in which it estimates Russia‘s production of aluminum, nickel and palladium. For starters, this Asian nation accounts for 5.5% of world aluminum production and a similar share of world aluminum exports, making it the world’s third largest
Soybean production is extremely concentrated in the world, with approximately 80% generated in the United States, Brazil and Argentina. Harvesting takes place in the fall, which means that there are two main harvests per year: one in the northern hemisphere and one in the southern hemisphere. In particular,
Demand for nitrogen for industrial use is led by mining activity in North America, noted CF Industries Holdings. CF Industries projects U.S. corn plantings will be below its expectations of 91-93 million acres in early 2022, due to poor weather in parts of the country during the spring
For fiscal 2022, ended March 31, a private chinese consortium Alibaba served approximately 1.31 billion annual active consumers. The company provided these services through its global consumer-facing businesses in the Alibaba Ecosystem, including more than 1 billion in China and 305 million consumers outside China. Total transacted VGM
The World Trade Organization (WTO) reported that it received 1,825 notifications of sanitary and phytosanitary regulations in 2021. The Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) requires notification of draft regulations that are not «substantially the same» as an international standard. Also, other WTO